Tag Archives: San Diego real estate

May 2017 – Market at a Glance

May 2017 real estate statistics

Thanks to the CALIFORNIA ASSOCIATION OF REALTORS, you can view a succinct pdf on the market statistics for last month.

In short, it only takes a listing an average of 22.4 days on the market before it’s in escrow, at the median price of $550,200. View more information below:

Click to view the pdf from CAR.org

Just Listed: 5320 Caminito Cachorro, San Diego

Rare find in gated community of Oak Park

5320 Caminito Cachorro, San Diego, CA 92105

5320 Caminito Cachorro, San Diego, CA 92105 | real estate listing by John A Silva, San Diego Realtor

 

 

Offered at $345,000 – $369,876 | View the virtual tour

RARE FIND in the gated community of Oak Park, with views!! Ready as a rental or primary residence! Perfect for college students!! SUPER serene, relaxing, green canyon view from back yard and bedroom windows!! New roof from one year ago! 3-bedroom, 2.5-bath, with fireplace, 2-car garage and private fenced patio makes this a GREAT BUY!! SEE THIS ONE NOW!! VRM*Seller Will Entertain Offers Between $345,000 & $369,876. See the MLS listing here.

View more details here.

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Contact me today for more information or to view this home!

John A Silva | (619) 890-3648 | Email

Just Listed: 29230 Rocky Pass, Pine Valley, CA

Back on the Market & Ready to SELL!

29230 Rocky Pass, Pine Valley

Offered at $549,000

29230 Rocky Pass, Pine Valley, CA 91962 | Listed for sale by John A Silva, Realtor

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Location, Location!! Perfect San Diego get away to experience the So Cal mountain country style living with winters not as severe as high elevations, but just right. The ocean is less than an hour relaxing drive away, where you can hit the beaches & camp with your RV!! Lake fishing is near at Lake Cuyamaca and others close by. Enjoy this like new, lightly used, & well cared for handicap friendly home that has it all with about 1/3 acre useable flat area for horse arena, corral, and barn.

MLS #160010961. See many more property details on the MLS.

 

Please contact me for more information!

John A Silva

(619) 890-3648 | Email

 

Money Monday: 4 reasons 2016 is the year to buy a home

“If you’ve been on the fence about buying a home, 2016 is the year to take the plunge.Mortgage rates have been bouncing around record lows for a while now. But even though they’re likely to start going up, you haven’t missed your chance to get a deal on a house.

“A number of factors are coming together, making next year a good time to buy:”

1. Home prices will still go up, but should slow down

2. More homes will come onto the market 

3. Mortgage rates will go up

4. Rents will still be high

Read more of CNN.com’s article here: “4 reasons 2016 is the year to buy a home“.

Top Remodeling Choices

What do most choose to spend their money on when remodeling?

Many homeowners find the value in remodeling, with the focus being mostly on these remodels in 2014:

  • 84.3% focused on remodeling the attic bedroom
  • 87.4% work on a deck addition
  • 48.9% remodel the home office
  • 72.5% work on remodeling the kitchen
  • 77.6% work on the basement

The Value of a Remodel | CAR.orgThis infographic is from CAR.org: www.car.org/aboutus/onecoolthing/valueremodel

News on San Diego’s Home Sales, Market

market“Home sales dropped significantly in January compared to December, according to new housing statistics from the Greater San Diego Association of REALTORS® (SDAR).

“…The number of previously owned single-family homes sold dropped 36 percent in January. Condominiums and townhouses fell similarly. Further, single-family home sales were down about 10 percent compared to January of 2014.

“The silver lining is that prices remain stable. The median price of single-family homes in San Diego County ticked up to an even $500,000, and condos and townhomes were virtually unchanged from December, at $332,000.” (“The median price of single-family homes in San Diego County ticked up to an even $500,000”. San Diego Union-Tribune.  http://www.utsandiego.com/news/2015/feb/16/sdar-home-sales-down-in-volume-up-in-price/. 16 Feb. 2015.)

Read more of this article by U-T San Diego. 

San Diego County Foreclosures Down in 2014

Good news on the foreclosure rate front for San Diego County!

housing market forecastHere are the details on foreclosures in San Diego County this past year, based on a San Diego Union-Tribune article Continue reading

San Diego Real Estate in 2014 Ended Positively

2014 saw increases in both the number and the median price of homes sold

urban real estate prices, most live in suburbsFor the first time since September 2013, real estate in San Diego County had an uptick in both the amount of homes sold and the average price received for those homes.

At the end of the year, $440,000 was the median price for a house in San Diego county. A year ago in December, CoreLogic DataQuick had reported a median price 4.8 percent lower. And when compared to sales in December 2013, this December saw 191 more homes close escrows, at the amount of 3,290 transactions.

Compared to just the month before, December had an 23 percent increase in the quantity of transactions, over the 2,675 in November 2014.

Read more about CoreLogic DataQuick’s findings on the San Diego Union Tribune article here.